In 2019–20, the Australian Government invested $10.1 billion in innovation, science and research (ISR).
The 'Driving effective Government investment in innovation, science and research report' reviews the effectiveness of the Government’s ISR investments. It looks at the overall mix of investments to identify:
It includes 3 recommended actions which can guide the most effective use of government investments. These recommended actions can ensure high impact ISR outcomes both now and in the future.
The recommended actions include the development of: